| There's still plenty of manufacturing going on, it's just mostly all moving outside the built up parts of the city, or to Dongguan. It's the same dynamic you'd expect in America or elsewhere. A combination of gentrification, government policies encouraging factories to move their pollution away, rising salaries in the city... I run a little design + CM about an hour out of town. There's still ton's of manufacturing going on out here. We are right next to a big Foxconn and if you go out at the shift change in the morning it's like watching a wildebeest migration except everybody is wearing a embroidered Foxconn jacket. So both large and small scale going on. I think the aspirations to live better here is great. There has been a big push to clean up pollution and the air is noticeably better than 3 years ago. We've had some rough patches dealing with painting suppliers closing down or having to relocate, but it's totally worth it to breathe easier. Our situation is even somewhat similar to Silicon Valley/SF right now in that the younger professionals want to live downtown and it's sometimes challenging to recruit them from a boring place outside of town. I don't think anywhere else is a "realer deal" for consumer grade manufacturing. Some stuff gets moved into the interior of China, but that's usually larger scale stuff that can justify planning out a complete campus. Other things move out to countries like Vietnam. But this area is still where you want to be if it's a new product or need access to prototyping capabilities you can't find elsewhere. |
Dongguan definitely feels like it has taken off, can only assume the next Huaqiangbei is there now.